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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Details        
Sales, net $ 11,846 $ 10,965 $ 22,579 $ 21,852
Cost of goods sold 4,346 3,981 8,306 7,946
Gross profit 7,500 6,984 14,273 13,906
Operating expense        
Selling, general and administrative 2,906 1,811 5,463 3,649
Research & development 113 117 228 230
Total operating expenses 3,019 1,928 5,691 3,879
Operating income 4,481 5,056 8,582 10,027
Other income (expense) 84 500 120 538
Income before provision for income taxes 4,565 5,556 8,702 10,565
Provision for income taxes 1,040 1,248 2,038 2,165
Net income $ 3,525 $ 4,308 $ 6,664 $ 8,400
Earnings per common share (basic) $ 0.95 $ 1.15 $ 1.79 $ 2.25
Earnings per common share (diluted) $ 0.94 $ 1.15 $ 1.78 $ 2.24
Shares outstanding - basic 3,721 3,731 3,721 3,728
Shares outstanding - diluted 3,735 3,754 3,737 3,751
Other comprehensive income (loss):        
Foreign currency translation net of taxes of $0 in all periods $ (464) $ (2,836) $ 484 $ (1,535)
Total comprehensive income $ 3,061 $ 1,472 $ 7,148 $ 6,865